Crypto News: HTX Suspends WLFI and USD1 Trading Citing Systemic Risks
https://t.co/rwT1GlTma5
#HTX
World Liberty Financial (worldlibertyfinancial.education) WLFI Price History USD
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Interesting spot $USD1 is in right now.
People use to treat it as another stablecoin from @worldlibertyfi.
But the yield infrastructure around it has moved fast:
→ @binance Earn: 10.5% APR with USD1 Flexible Products
→ @MEXC: 12% APR + stake USD1 on the MEXC platform to receive corresponding $WLFI token shares (15M $WLFI pool)
→ @Dolomite_io on arbitrum at ~8%
→ On @Bybit_Official there’s a 2,57% APR on easy earn or hold USD1 to earn WLFI (8,03%)
The yield sources are different from each other too: CEX incentive pools, DeFi lending utilization, fixed savings products.
Worth understanding which one fits how you’re positioned before deploying!
Something deeply concerning happened recently.
The WLFI team froze WLFI tokens held in HTX-related addresses, citing the ongoing UK sanctions review.
To be clear:
These are not assets belonging to any sanctioned entity.
They are not HTX’s assets.
They are assets legally purchased and owned by individual users.
To date, we have received no clear explanation regarding the legal basis, scope, standards, or resolution process behind this action.
What makes this especially disappointing is that, while exchanges across the industry have been working together to help affected users and lift unnecessary restrictions, WLFI chose to freeze assets belonging to its own holders and supporters.
This raises a fundamental question:
Do users truly own their digital assets, or can a project unilaterally revoke access at any time?
User ownership is one of the core principles of blockchain.
No project should be able to arbitrarily restrict lawful user assets without transparent procedures and clear justification.
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